Recap: Applied Optoelectronics Q3 Earnings

Applied Optoelectronics AAOI reported its Q3 earnings results on Thursday, November 9, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Applied Optoelectronics reported in-line EPS of $-0.05 versus an estimate of $-0.05.

Revenue was up $5.85 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 67.07% increase in the share price the next day.

Here's a look at Applied Optoelectronics's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.28 -0.18 -0.30 -0.29
EPS Actual -0.21 -0.25 -0.19 -0.26
Revenue Estimate 45.43M 53.77M 61.29M 58.83M
Revenue Actual 41.62M 53.00M 61.58M 56.69M

To track all earnings releases for Applied Optoelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!